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BUDGET MONEY WILL BE DISTRIBUTED TO ALL CREDITORS OF THE BANKRUPT

... conclusions of the courts on the targeted nature of funds under municipal and state contracts. In this regard, it is worth noting that this position of the Supreme Court of the Russian Federation is a turn in the early practice of the court, since earlier the Supreme Court considered the funds on the special account of the bankrupt debtor, listed under the state order, not subject to distribution among other creditors. The only difference between that dispute and the present one is only that in an earlier case it was about a state defense order, however, there is reason to believe that the new position applies to this category of disputes as well.

Modified: 10.18.2022
bankrupt , bankruptcy , supreme court , bank , court , creditors
Path: РусБанкрот - СМИ
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